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Revision as of 04:07, 4 October 2024

Every year, the government issues a listing of tax scams. Actual is to alert taxpayers to lacking merit of certain strategies as well as letting everyone know the IRS will not accept them.

Julie's total exclusion is $94,079. On her American expat tax return she also gets declare a personal exemption ($3,650) and standard deduction ($5,700). Thus, her taxable income is negative. She owes no U.S. in taxes.

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